world oil production by year graph

Short, timely articles with graphics on energy, facts, issues, and trends. World Oil Production, 1950-2009 Year Production* Million Barrels per Day 1950 10.42 1951 11.73 1952 12.34 1953 13.15 1954 13.74 1955 15.41 1956 16.78 1957 17.64 1958 18.10 If you are an admin, please authenticate by logging in again. Figures were restated based on the latest report. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Statista. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. Values shown are in thousands of barrels produced per day. ZIP files contain data in fixed-width TXT format. Energy & Financial Markets: What Drives Crude Oil Prices? BP. Interactive visualization requires JavaScript. Thank you for subscribing. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. We expect OECD oil demand to remain largely flat over the forecast period, as inflationary economic pressures continue to limit GDP and oil demand growth and as the oil intensity of OECD economies declines. (Adobe PDF file) In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. OPEC Crude Oil (excluding condensates) Production, Table 3d. Chart. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. Palm oil production has increased rapidly over the past 50 years. Access to this and all other statistics on 80,000 topics from, Show sources information This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. | USD/thou cf, 94.09M Available: https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, Distribution of crude oil production worldwide in 2021, by leading country, Available to download in PNG, PDF, XLS format, Countries with largest conventional oil reserves 2020, Proved oil reserves in the U.S. 1980-2020, Oil refinery capacity in the U.S. 1970-2021, Largest crude oil refineries in the U.S. 2022, Oil production in the United States 1998-2021, U.S. monthly oil production by oilfield 2020-2022, U.S. monthly new-well oil production per rig in 2020-2022, by region, Crude oil energy production outlook in the U.S. 2021-2050, Rotary rig count in U.S. by type 2011-2021, Oil rig count in the U.S. by region August 2022, Drilled but uncompleted oil and gas wells in the U.S. 2020-2022, by region, Petroleum exports from the U.S. 1950-2021, Petroleum imports into the U.S. by country 1985-2021, U.S. oil & gas producers' breakeven prices by oilfield 2022, Oil and gas extraction industry value added in the U.S. 1998-2021, Oll and gas extraction industry gross output in the U.S. 1998-2021, Oil and gas extraction industry employment in the U.S. 1998-2021, Oil and gas industry employment in the U.S. by occupation 2021, Leading oil and gas producers in the U.S. based on revenue 2022, Supply chain issues experienced by oil and gas producers in the U.S. 2022, Production cost breakdown of one barrel of oil in the top oil producing nations 2015, Global share of oil production 2021, by country, Oil production in the European Union 2000-2021, Share of oil and gas production in Russia in 2018, by region, Oil production percent change by country 2013, Ecopetrol: crude oil production share 2020, by type, Ecopetrol: crude oil production 2016-2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Production of oil in the GCC by member states 2019, Liquid hydrocarbons production by Rosneft 2016-2020, Crude oil production in Angola, by operator 2018, Oil production in the Asia Pacific region 1998-2021, Proved crude oil reserves in the U.S. 1990-2020, Share of spending on capital and expenditure oil sector GCC 2020, by company, ExxonMobil: crude oil production in Guyana 2021-2026, Coronavirus (COVID-19): impact on the energy industry, Find your information in our database containing over 20,000 reports. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. [Online]. Next Release Date: Mar. Register in seconds and access exclusive features. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Sign up for email subcriptions to receive messages about specific EIA products. Provides custom data views of historical and forecast data Licence: CC BY 4.0 OECD OPEC Rest of the world Related charts Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % Profit from the additional features of your individual account. Currently, you are using a shared account. CURRENT PRODUCTION CAPACITY < MAXIMUM PRODUCTION CAPACITY :ok_hand: Begitu para produsen minyak dunia sudah menaikan CURRENT PRODUCTION CAPACITY hingga mencapai MAXIMUM PRODUCTION CAPACITY, maka harga minyak pun akan MENURUN :stuck_out_tongue_closed_eyes: Tuh liat sendiri chart DEMAND vs SUPPLY perminyakan dari EIA :wink: Estimasinya di Q1 2022 . June 28, 2022. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Statistics are available for detailed supply/demand balances, end-use consumption, trade by origin and destination as well as for stock levels and stock changes. January 2009 - December 2010 Note Apr. You only have access to basic statistics. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. Organisation for Economic Co-operation and Development (OECD), Source: Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. In, BP. Figures include crude oil, shale oil, oil sands, condensates and NGLs. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. of Energy) . In 1970, the world was producing only 2 million tonnes. Profit from the additional features of your individual account. Data are in kilotonnes. Higher oil prices in 2022 will increase oil development activity but 1.10 mb/d is a large hill to climb to get back to the 2019 level. We forecast that the reversal of restrictions will contribute to oil demand in China increasing by 0.7 million b/d in 2023 and by 0.4 million b/d in 2024. Then you can access your favorite statistics via the star in the header. Global oil consumption per capita is 5 barrels of oil (199 gallons) per person yearly (based on the 2016 world population of 7,464,022,049 people) or 0.5 gallons per capita per day. Business Solutions including all features. Forecast Completed: Feb. 2, 2023 | Figure X *Data from the U.S. DOE/EIA. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . 20, 2020: For more than three years starting in January 2017, the alliance known as OPEC+ cut crude oil production in an effort to prevent a glut as U.S. output surged. Please create an employee account to be able to mark statistics as favorites. On a production basis of thousand barrels per day. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. January 2019 - December 2020 Create a free IEA account to download our reports or subcribe to a paid service. USD/bbl, 6.74 Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. (Adobe PDF file) Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Global soybean oil production volume 2012/13-2022/23 . Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Use this code to embed the visualisation into your website. Create a free IEA account to download our reports or subcribe to a paid service. January 2021 - Current Month Uranium fuel, nuclear reactors, generation, spent fuel. This page provides values for Crude Oil Production reported in several countries. Our World in Data is free and accessible for everyone. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. A paid subscription is required for full access. These changes have largely offset each other in our forecast global balances, and beyond the first quarter of 2023, we have left our crude oil price forecast largely unchanged from last months outlook. January 2013 - December 2014 Even since the year 2000, production has more than doubled. Upgrade now. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. If you are an admin, please authenticate by logging in again. This is a change of 1.56% from one year ago. As soon as this statistic is updated, you will immediately be notified via e-mail. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Copy the URL to open this chart with all your selections. The service is updated twice a year: in April with complete data up to year-2 and in July/August with additional provisional supply data for the year-1. The table has current values for Crude Oil Production, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to . ", BP, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/ (last visited March 01, 2023), Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. Are you interested in testing our business solutions? The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world.

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